Stocks fall as new Covid variant spooks investors – latest updates

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Latest on the global Covid19 crisis: 🦠 Stocks tumble as new variant spooks investors 🇧🇷 Brazil 🇲🇽 Mexico lodge hundreds of new fatalities 🇲🇦 Morocco to suspend flights with 🇫🇷 France For more:

Stocks have seen their largest weekly drop in nearly two months, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher US interest rates.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2% for a weekly fall of 1 percent and world stocks, while still near record highs, headed for a weekly fall of 0.7 percent, the largest since early October. The South American country has now registered a total of 613,642 coronavirus deaths and 22,055,238 total confirmed cases.Authorities on the Caribbean island of Martinique have ordered a curfew after protesters looted shops and set up burning barricades as demonstrations against Covid protocols spread across France's overseas' territories.

 

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Scientists say new Covid19 variant most significant yet found. Other updates: 🇪🇺 EU proposes banning flights from southern Africa 🇬🇧 UK suspends flights from 6 African nationS 🇦🇺 Australia investigates new variant For more:

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Stocks slip, havens rally as new COVID-19 variant spooks investorsStocks fell and headed for their largest weekly drop in nearly two months on Friday, while safe haven assets such as bonds and the yen rallied as a new virus variant added to swirling concerns about future growth and higher U.S. interest rates.
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